Which of these statements are true-
Poverty is also explained by some of the economy-wide problems, such as
a) low capital formation
b) lack of infrastructure
c) lack of demand
d) pressure of population
e) lack of social/ welfare nets

a), b), c), d), and e)

The causes of poverty lie in the institutional and social factors that mark the life of the poor. The poor are deprived of quality education and unable to acquire skills which fetch better incomes. Also access to health care is denied to the poor. The main victims of caste, religious and other discriminatory practices are poor. These can be caused as a result of

(i) social, economic and political inequality

(ii) social exclusion

(iii) unemployment

(iv) indebtedness

(v) unequal distribution of wealth. Aggregate poverty is just the sum of individual poverty.

Poverty is also explained by general, economy-wide problems, such as

(i) low capital formation

(ii) lack of infrastructure

(iii) lack of demand

(iv) pressure of population

(v) lack of social/ welfare nets.